Workers suffer injuries every day here in Massachusetts. Many of them don’t receive medical attention because they don’t think that their ailment is serious enough to do so.
Knowing what happens if workers’ comp approves your claim can help you prepare for the future and provide for your medical treatment.
What payouts may be offered if my claim gets approved?
Workers’ comp reviewers have one primary goal — to determine if you have a valid work-related injury. They’ll likely offer you a settlement once they determine that you do. Workers’ comp may provide you with either a lump-sum or structured payment. They’ll expect you to use those funds to pay existing and future medical bills.
How do structured payments and lump-sum settlements differ?
A lump-sum payout is a one-time payment. No further funds will be forthcoming. Workers’ comp will likely have you sign a liability waiver before paying your claim.
Structured payment plans differ in that they offer injured workers regular disbursements across a set time frame. Workers’ comp also often sets up a medical expense account that injured workers can use to pay any future health care costs that may arise.
What goes into reaching a workers’ comp settlement
Workers’ comp is insurance, so adjusters handling your work-related case are no different from the ones who deal with auto-accident claims. Their goal is to pay out as little on your claim as possible.
It’s imperative that you don’t miss doctors’ appointments, physical therapy or other treatments. You must also sign releases for your medical providers to give workers’ comp access to these records. This will give you the best chance of success in your case. Here, some frequently asked questions can be answered about your workers’ comp case.